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  3. compare and contrast the financial statements of s

Compare and contrast the financial statements of sole traders' and limited liability companies by: (i)...

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Accounting

Compare and contrast the financial statements of sole traders' and limited liability companies by: (i) explaining features and examples of account items (maximum 10) that are common to both sole traders and limited liability companies, (ii) explaining and illustrating differences in how profits are disbursed/distributed, and (iii) explaining how both types of organisations are financed. These should be presented under subheadings.

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